Now, the IMF is calling for a ‘Bretton Woods 2.0’, yet another seismic change that may see the global economy underpinned by the IMF’s own reserve currency, the SDR (Special Drawing Right).

the IMF introduced in 1969 SDRs (Special Drawing Rights.) These were units of account composed of five major currencies, in essence, an expansion on Keynes’ Bretton Woods proposal of the Bancor.

In the last months of World War II, however, as the Allied forces were finally gaining momentum in their battle against the Nazis in Europe and beginning to picture what the world would be like ...

Established in 1944 and named after the New Hampshire town where the agreements were drawn up, the Bretton Woods system created ... See TIME’s Pictures of the Week. See the Cartoons of the ...

This masterful account dismantles the idyllic picture of the 1944 Bretton Woods international economic conference, situating it firmly in the tense atmosphere of the final months of World War II.

including the changing role of the Bretton Woods institutions over the past 80 years, present-day challenges to multilateralism, and conclude with a brief discussion of Special Drawing Rights—the ...

Nixon ended the Bretton ... Woods, Keynes proposed the creation of an international reserve asset he called “bancor”. Some of the recent calls for the increased use for Special Drawing Rights ...

These recommendations draw on a new publication from the Bretton Woods Committee’s Multilateral Reform Working Group titled “Strengthening the World Bank and the IMF to Meet 21st Century Global ...

Some romanticists want to have another Bretton Woods fixed exchange rate regime ... or advocate a greater role for the IMF's Special Drawing Right (SDR), which is a basket of currencies, with ...